Alaska § 34.07.320 - Distribution of funds from partition sale.
Full text of Alaska Alaska Statutes § 34.07.320 — Distribution of funds from partition sale., with citation guidance and answers to common questions.
§ 34.07.320. Distribution of funds from partition sale.
(a) The net proceeds of a sale of the property conducted in an action for partition started under AS 34.07.310 shall be considered as one fund.
(b) The fund shall be divided into separate shares, one for each apartment owner in a percentage equal to the percentage of undivided interest that the owner has in the property.
(c) After first paying out of the respective share of each apartment owner, all mortgages, deeds of trust, and liens on the undivided interest in the property owned by the apartment owner, the balance remaining in each share shall be distributed to each apartment owner respectively.
Article 5. Removal of Property From the Horizontal Property Regime.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 34.07.320
What does Alaska Statutes § 34.07.320 cover?
Section 34.07.320 ("Distribution of funds from partition sale.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 34.07.320?
A common citation format is "Alaska Statutes § 34.07.320" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 34.07.320 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.